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Charlotte Russe extends expiry date for Dutch Auction tender offer
19 Mar '08
2 min read
Charlotte Russe Holding Inc, a growing mall-based specialty retailer of fashionable, value-priced apparel and accessories targeting young women in their teens and twenties, announced that the Company's board of directors approved an extension of the expiration date of its previously announced modified "Dutch Auction" tender offer.
The tender offer, which was originally due to expire at 5:00 P.M., New York City Time, on Thursday, March 20, 2008, will now be set to expire at 5:00 P.M., New York City Time, on Wednesday, April 2, 2008, unless further extended.
Given the timing and importance of the Easter holiday and related spring break periods, the board of directors and management believe it is appropriate to extend the expiration date of the tender offer to conclude after the end of the Company's fiscal quarter which ends on March 29, 2008.
Tenders of shares must be made prior to the expiration of the tender offer and any shares previously tendered may be withdrawn any time prior to the expiration of the tender offer.
All other terms and conditions of the tender offer as described in the Offer to Purchase and related materials distributed to stockholders continue to apply to the tender offer as extended. (Click Here for more information on the tender offer.) As of March 17, 2008, 2,845 shares of the Company's common stock had been tendered and deposited pursuant to the tender offer.
The tender offer, which was originally due to expire at 5:00 P.M., New York City Time, on Thursday, March 20, 2008, will now be set to expire at 5:00 P.M., New York City Time, on Wednesday, April 2, 2008, unless further extended.
Given the timing and importance of the Easter holiday and related spring break periods, the board of directors and management believe it is appropriate to extend the expiration date of the tender offer to conclude after the end of the Company's fiscal quarter which ends on March 29, 2008.
Tenders of shares must be made prior to the expiration of the tender offer and any shares previously tendered may be withdrawn any time prior to the expiration of the tender offer.
All other terms and conditions of the tender offer as described in the Offer to Purchase and related materials distributed to stockholders continue to apply to the tender offer as extended. (Click Here for more information on the tender offer.) As of March 17, 2008, 2,845 shares of the Company's common stock had been tendered and deposited pursuant to the tender offer.
Charlotte Russe Holding Inc
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